Antares Announcement

ANTARES HOMEOWNERS ASSOCIATION
BYLAWS
PAGE 15

ARTICLE IV (cont.)

meeting is held on the same day and at the same place as the annual meeting of the Members at which the newly constituted Board was elected.

4.10.  Regular Meetings of Board.
Regular meetings may be held at such time and place within the Project as is determined, from time to time, by a resolution adopted by a majority of a quorum of the Directors; provided, however, that such meetings must be held no less frequently than quarterly. Notice of the time and place of regular meetings of the Board shall be given to each Director at least four (4) days prior to the date named for such meeting, personally or by mail, telephone or telegraph, or posted at a prominent place or places within the Common Property.

4.11.  Special Meetings of Board.
Special meetings may be called by the President or by any two (2) Directors by posting notice at least four (4) days prior to such meeting at a prominent place or places within the Common Property or upon four (4) days' notice by first-class mail or forty-eight (48) hours' notice delivered personally or by telephone, including a voice messaging system or other system or technology designed to record and communicate messages, telegraph, facsimile, electronic mail, or other electronic means. The notice must state the time, place and the purpose of the meeting.

4.12.  Other Meetings of the Board.
Any congregation of a majority of the members of the Board at the same time and place to hear, discuss, or deliberate upon any item of business scheduled to be heard by the Board, except those matters that may be discussed in executive session, shall constitute a meeting of the Board. All Members shall have the right to attend and speak at any regular, special or other meeting of the Board (except an executive session). The Board shall set a reasonable time limit for Members of the Corporation to speak either before or during each Board meeting (except executive sessions). Generally, if a meeting of the Board is not a regular or special meeting, then Members shall be given notice of the time and place of the meeting at least four (4) days prior to the meeting. Notice required by this Section may be given by posting the notice in a prominent place or places within the Common Property, by mail or delivery of the of the notice to each Unit in the Project, or by newsletter or other similar means of communication. If there are circumstances that could not have been reasonably foreseen which require immediate attention and possible action by the Board and which of necessity make it impracticable to provide notice to the Members, then an emergency meeting of the Board may be called by the President or any two other members of the Board without providing notice to the Members.

4.13.  Waiver of Notice.
Before or at any meeting of the Board, any Director may, in writing, waive personal notice of such meeting and such waiver is equivalent to the giving of notice to such Director. Attendance by a Director at any Board meeting waives personal notice by him of the time and place thereof. If all the Directors are present at any Board meeting, no notice to Directors is required and any business may be transacted at such meeting; The transactions of any Board meeting, however called and noticed or wherever held, are as valid as though had at a meeting duly held after

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